Why We Have A Wage-Inequality Problem
Submitted by Gail Tverberg via Our Finite World blog,
Wage inequality is a topic in elections around the world. What can be done to provide more income for those without jobs, and those with low wages?
Submitted by Gail Tverberg via Our Finite World blog,
Wage inequality is a topic in elections around the world. What can be done to provide more income for those without jobs, and those with low wages?
For the first two months of 2016, it seemed as if a modest, if stable, rebound was finally taking place among one of the hardest hit transportation sectors of 2015, rails. Alas, like virtually everything else, this too has proven to be nothing more than a dead cat coming back to life and getting run over by a train.
Submitted by Patrick Buchanan via Buchanan.org,
I am “not isolationist, but I am ‘America First,'” Donald Trump told The New York times last weekend. “I like the expression.”
Of NATO, where the U.S. underwrites three-fourths of the cost of defending Europe, Trump calls this arrangement “unfair, economically, to us,” and adds, “We will not be ripped off anymore.”
Remember when the central bank of the United States worried about development in the, well, United States? Those days are gone. Presenting: China. From page 8 of Yellen's speech on "The Outlook, Uncertainty, and Monetary Policy":
Just as we warned was likely, the once infamous hedge fund hotel US solar company SunEdison unit TerraForm Global said on Tuesday there was "substantial risk" that SunEdison would soon seek bankruptcy protection given liquidity difficulties, noting that "such an action would have a material adverse effect” on TerraForm Global.
In 2016 alone, SUNE has collapsed from a hope-strewn $6 price to just 73c this morning...
As we detailed last week, the sun is about to set for this solar company...